NexPoint Residential Trust Inc (NXRT) financial statements: income statement, balance sheet and cash flow

NexPoint Residential Trust Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), NexPoint Residential Trust Inc reported revenue of $251.3M (-3.2% year on year) and net income of ($32.2M) (-2986.4% year on year).

Income statement

NexPoint Residential Trust Inc income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Rental income	$243.7M	$251.9M	$270.1M	$257.9M
Other income	$7.5M	$7.8M	$7.4M	$6.1M
Total revenues	$251.3M	$259.7M	$277.5M	$264.0M
Property operating expenses	$53.9M	$56.6M	$57.8M	$58.2M
Real estate taxes and insurance	$32.4M	$33.1M	$36.8M	$37.4M
Property management fees	$7.2M	$7.5M	$8.1M	$7.6M
Advisory and administrative fees	$6.9M	$6.9M	$7.6M	$7.5M
Corporate general and administrative expenses	$17.9M	$19.4M	$17.1M	$14.7M
Property general and administrative expenses	$9.2M	$9.2M	$9.5M	$9.3M
Depreciation and amortization	$95.8M	$97.8M	$95.2M	$97.6M
Total expenses	$223.3M	$230.4M	$232.3M	$232.4M
Operating income before gain on sales of real estate	$27.9M	$29.3M	$45.3M	$31.6M
Operating income	$27.9M	$83.6M	$113.2M	$46.3M
Interest expense	($60.7M)	($58.5M)	($67.1M)	($50.6M)
Casualty loss	($167.0K)	($626.0K)	($856.0K)	—
Equity in earnings of affiliate	$257.0K	$172.0K	$205.0K	—
Miscellaneous income	$559.0K	$489.0K	$1.2M	$1.3M
Net income (loss)	($32.2M)	$1.1M	$44.4M	($9.3M)
Net income (loss) attributable to redeemable noncontrolling interests in the OP	($127.0K)	$4.0K	$169.0K	($31.0K)
Net income (loss) attributable to common stockholders	($32.0M)	$1.1M	$44.3M	($9.3M)
Unrealized losses on interest rate derivatives	($28.8M)	($29.3M)	($32.4M)	$99.9M
Total comprehensive income (loss)	($61.0M)	($28.2M)	$12.0M	$90.6M
Comprehensive income (loss) attributable to redeemable noncontrolling interests in the OP	($240.0K)	($111.0K)	$46.0K	$307.0K
Comprehensive income (loss) attributable to common stockholders	($60.7M)	($28.0M)	$12.0M	$90.3M
Weighted average common shares outstanding - basic	25.4M	25.5M	25.7M	25.6M
Weighted average common shares outstanding - diluted	25.4M	26.2M	26.2M	25.6M
Earnings (loss) per share - basic	-$1.26	$0.04	$1.73	-$0.36
Earnings (loss) per share - diluted	-$1.26	$0.04	$1.69	-$0.36

NexPoint Residential Trust Inc income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Rental income	$61.8M	$61.1M	$60.9M	$61.2M
Other income	$2.8M	$2.5M	$1.9M	$1.9M
Total revenues	$64.6M	$63.5M	$62.8M	$63.1M
Property operating expenses	$14.6M	$12.3M	$13.4M	$12.5M
Real estate taxes and insurance	$8.2M	$8.1M	$7.3M	$8.5M
Property management fees	$1.8M	$1.8M	$1.8M	$1.8M
Advisory and administrative fees	$1.8M	$1.8M	$1.8M	$1.7M
Corporate general and administrative expenses	$4.7M	$4.5M	$4.8M	$4.5M
Property general and administrative expenses	$2.5M	$2.3M	$2.6M	$2.1M
Depreciation and amortization	$23.9M	$24.3M	$23.8M	$24.1M
Total expenses	$57.6M	$55.0M	$55.4M	$55.2M
Operating income	$7.1M	$8.5M	$7.4M	$7.9M
Interest expense	($15.8M)	($15.4M)	($15.5M)	($15.2M)
Casualty loss	$0	$0	$5.0K	($5.0K)
Equity in earnings of affiliate	$105.0K	$68.0K	$69.0K	$59.0K
Miscellaneous income	$24.0K	$74.0K	$145.0K	$144.0K
Net loss	($8.6M)	($6.8M)	($7.8M)	($7.1M)
Net loss attributable to redeemable noncontrolling interests in the OP	($34.0K)	($27.0K)	($31.0K)	($28.0K)
Net loss attributable to common stockholders	($8.6M)	($6.8M)	($7.8M)	($7.0M)
Unrealized losses on interest rate derivatives	($4.0M)	($3.7M)	($6.3M)	($6.4M)
Total comprehensive loss	($12.6M)	($10.5M)	($14.2M)	($13.5M)
Comprehensive loss attributable to redeemable noncontrolling interests in the OP	($50.0K)	($42.0K)	($56.0K)	($53.0K)
Comprehensive loss attributable to common stockholders	($12.6M)	($10.5M)	($14.1M)	($13.4M)
Weighted average common shares outstanding - basic	25.5M	25.4M	25.4M	25.4M
Weighted average common shares outstanding - diluted	25.5M	25.4M	25.4M	25.4M
Loss per share - basic	-$0.34	-$0.27	-$0.31	-$0.28
Loss per share - diluted	-$0.34	-$0.27	-$0.31	-$0.28

Balance sheet

NexPoint Residential Trust Inc balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Land	$371.7M	$359.8M	$359.8M	$378.4M
Buildings and improvements	$1.8B	$1.7B	$1.7B	$1.8B
Intangible lease assets	$1.1M	—	—	—
Construction in progress	$8.5M	$1.3M	$8.3M	$10.6M
Furniture, fixtures, and equipment	$224.7M	$202.0M	$180.4M	$152.5M
Total Gross Operating Real Estate Investments	$2.4B	$2.3B	$2.3B	$2.3B
Accumulated depreciation and amortization	($604.3M)	($508.6M)	($411.1M)	($349.3M)
Total Net Real Estate Investments	$1.8B	$1.8B	$1.9B	$2.0B
Cash and cash equivalents	$13.7M	$23.1M	$12.4M	$16.8M
Restricted cash	$31.5M	$30.8M	$32.9M	$35.0M
Accounts receivable, net	$9.1M	$12.3M	$14.6M	$17.1M
Prepaid and other assets	$4.9M	$6.1M	$8.6M	$10.4M
Fair value of interest rate swaps	$13.4M	$41.8M	$71.0M	$103.4M
TOTAL ASSETS	$1.9B	$1.9B	$2.1B	$2.2B
Mortgages payable, net	$1.5B	$1.5B	$1.5B	$1.5B
Credit facility, net	$88.1M	$0	$23.2M	$72.6M
Accounts payable and other accrued liabilities	$11.6M	$11.4M	$17.1M	$12.3M
Accrued real estate taxes payable	$5.3M	$4.3M	$11.2M	$7.2M
Accrued interest payable	$7.1M	$7.6M	$9.4M	$7.9M
Security deposit liability	$3.0M	$3.0M	$3.2M	$3.2M
Prepaid rents	$1.2M	$1.4M	$1.8M	$1.8M
Fair value of interest rate swaps	$475.0K	—	—	—
Total Liabilities	$1.6B	$1.5B	$1.6B	$1.7B
Redeemable noncontrolling interests in the OP	$4.9M	$5.8M	$5.2M	$5.6M
Common stock, $0.01 par value: 500,000,000 shares authorized; 25,364,470 and 25,403,537 shares issued and outstanding, respectively	254.0K	254.0K	256.0K	255.0K
Additional paid-in capital	$406.6M	$407.4M	$413.0M	$405.4M
Accumulated loss less dividends	($123.4M)	($38.0M)	$11.5M	$11.9M
Accumulated other comprehensive income	$12.0M	$40.7M	$69.9M	$102.2M
Total Stockholders' Equity	$295.5M	$410.4M	$494.6M	$519.7M
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$1.9B	$1.9B	$2.1B	$2.2B

NexPoint Residential Trust Inc balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Land	$371.7M	$371.7M	$359.8M	$359.8M
Buildings and improvements	$1.8B	$1.8B	$1.7B	$1.7B
Construction in progress	$7.2M	$5.7M	$8.0M	$4.9M
Furniture, fixtures, and equipment	$236.4M	$229.9M	$217.6M	$211.0M
Total Gross Operating Real Estate Investments	$2.4B	$2.4B	$2.3B	$2.3B
Accumulated depreciation and amortization	($651.5M)	($628.6M)	($580.8M)	($557.0M)
Total Net Operating Real Estate Investments	$1.8B	$1.8B	$1.8B	$1.8B
Cash and cash equivalents	$14.6M	$18.5M	$10.8M	$13.6M
Restricted cash	$38.0M	$34.3M	$39.3M	$34.4M
Accounts receivable, net	$9.4M	$8.8M	$11.2M	$14.4M
Prepaid and other assets	$26.8M	$5.0M	$7.5M	$6.0M
Fair market value of interest rate swaps	$5.2M	$9.2M	$19.4M	$25.6M
TOTAL ASSETS	$1.9B	$1.9B	$1.8B	$1.9B
Mortgages payable, net	$1.5B	$1.5B	$1.5B	$1.5B
Credit facility, net	$77.6M	$55.3M	$0	$0
Accounts payable and other accrued liabilities	$13.2M	$11.7M	$17.2M	$13.2M
Accrued real estate taxes payable	$12.7M	$7.2M	$17.1M	$13.1M
Accrued interest payable	$6.5M	$6.7M	$6.9M	$6.7M
Security deposit liability	$2.8M	$2.9M	$2.9M	$2.9M
Prepaid rents	$1.1M	$1.2M	$1.1M	$1.3M
Total Liabilities	$1.6B	$1.6B	$1.5B	$1.5B
Redeemable noncontrolling interests in the OP	$4.8M	$4.7M	$5.1M	$5.2M
Common stock, $0.01 par value: 500,000,000 shares authorized; 25,549,813 and 25,364,470 shares issued and outstanding, respectively	256.0K	255.0K	254.0K	254.0K
Additional paid-in capital	$410.0M	$407.7M	$404.1M	$401.6M
Accumulated earnings less dividends	($166.7M)	($143.8M)	($99.3M)	($78.2M)
Accumulated other comprehensive income	$4.3M	$8.3M	$17.9M	$24.2M
Total Stockholders' Equity	$247.9M	$272.4M	$322.9M	$347.9M
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$1.9B	$1.9B	$1.8B	$1.9B

Cash flow statement

NexPoint Residential Trust Inc cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income (loss)	($32.2M)	$1.1M	$44.4M	($9.3M)
Depreciation and amortization	$95.8M	$97.8M	$95.2M	$97.6M
Amortization/write-off of deferred financing costs and debt prepayment penalties	$6.4M	$27.3M	—	—
Change in fair value on derivative instruments included in interest expense	($28.3M)	($49.0M)	($46.2M)	($10.1M)
Net cash received on derivative settlements	$31.1M	$53.3M	$49.7M	$2.3M
Amortization/write-off of fair market value adjustment of assumed debt	($106.0K)	($106.0K)	($108.0K)	($194.0K)
Provision for bad debts, net	$1.6M	$3.7M	$8.7M	$8.0M
Vesting of stock-based compensation	$9.9M	$10.5M	$9.3M	$7.9M
Insurance proceeds received for business interruption	$982.0K	$803.0K	$936.0K	$681.0K
Equity in earnings of affiliate	($257.0K)	($172.0K)	($205.0K)	—
Casualty loss (gain)	($407.0K)	$896.0K	($2.8M)	($1.9M)
Accounts receivable	($646.0K)	($4.0M)	($8.1M)	—
Prepaid and other assets	$234.0K	($808.0K)	($15.0K)	—
Operating liabilities	($1.4M)	($6.6M)	$4.7M	($1.5M)
Real estate taxes payable	$991.0K	($7.0M)	$4.0M	—
Net cash provided by operating activities	$83.6M	$73.6M	$96.6M	$79.1M
Net insurance proceeds received from casualty losses	$147.0K	$2.4M	$6.7M	$6.0M
Additions to real estate investments	($42.6M)	($37.3M)	($71.4M)	($62.1M)
Acquisitions of real estate investments	($73.3M)	—	$415.0K	($140.8M)
Net cash provided by (used in) investing activities	($115.8M)	$130.6M	$51.9M	($162.3M)
Credit facilities proceeds received	$90.0M	—	—	$55.0M
Deferred financing costs received (paid)	($2.3M)	($5.4M)	$1.0M	—
Payments for taxes related to net share settlement of stock-based compensation	($2.4M)	($1.5M)	($1.7M)	($3.1M)
Cash settlement of stock-based compensation	($519.0K)	—	—	—
Repurchase of common stock	($7.7M)	($14.6M)	—	($11.1M)
Dividends paid to common stockholders	($53.5M)	($49.3M)	($44.8M)	($40.6M)
Distributions to redeemable noncontrolling interest in the OP	($211.0K)	($196.0K)	($184.0K)	($519.0K)
Net cash provided by (used in) financing activities	$23.4M	($195.6M)	($155.0M)	$46.3M
Net increase (decrease) in cash, cash equivalents and restricted cash	($8.7M)	$8.6M	($6.5M)	($36.9M)
Cash, cash equivalents and restricted cash, beginning of year	$53.9M	$45.3M	$51.8M	$88.7M
Cash, cash equivalents and restricted cash, end of year	$45.2M	$53.9M	$45.3M	$51.8M
Interest paid	$83.3M	$106.0M	$109.0M	$52.7M
Adjustment to reflect redemption value of redeemable noncontrolling interests in the OP	$403.0K	($843.0K)	$592.0K	—
Capitalized construction costs included in accounts payable and other accrued liabilities	$3.3M	$3.0M	$5.8M	$4.7M
Change in fair value on derivative instruments designated as hedges	($28.8M)	($29.3M)	($32.4M)	$99.9M
Liabilities assumed from acquisitions	$218.0K	—	—	$358.0K
Increase in dividends payable upon vesting of restricted stock units	$230.0K	$486.0K	$377.0K	$170.0K

NexPoint Residential Trust Inc cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net loss	($15.4M)	($6.8M)	($21.8M)	($14.0M)
Depreciation and amortization	$48.2M	$24.3M	$72.2M	$48.4M
Amortization/write-off of deferred financing costs and debt prepayment penalties	$3.4M	$1.7M	$4.7M	$3.0M
Change in fair value on derivative instruments included in interest expense	($10.9M)	($5.6M)	($21.8M)	($14.7M)
Net cash received on derivative settlements	$11.3M	$5.7M	$24.3M	$17.0M
Amortization/write-off of fair value adjustment of assumed debt	($52.0K)	—	($79.0K)	($53.0K)
Provision for bad debts, net	$708.0K	$328.0K	$1.1M	$675.0K
Vesting of stock-based compensation	$5.1M	$2.4M	$7.3M	$4.8M
Insurance proceeds received for business interruption	$169.0K	$169.0K	$553.0K	$324.0K
Equity in earnings of affiliate	($173.0K)	($68.0K)	($183.0K)	($114.0K)
Casualty gains	($162.0K)	($125.0K)	($2.0M)	($1.8M)
Accounts receivable	($2.4M)	($220.0K)	($902.0K)	($2.4M)
Prepaid and other assets	$574.0K	($2.0K)	($482.0K)	($963.0K)
Operating liabilities	$73.0K	($279.0K)	$1.6M	($899.0K)
Real estate taxes payable	$7.4M	$2.0M	$12.9M	$8.9M
Net cash provided by operating activities	$47.8M	$23.3M	$77.5M	$48.2M
Originations of loans, held-for-investment	($22.1M)	—	—	—
Additions to real estate investments	($16.7M)	($7.6M)	($31.7M)	($18.7M)
Net cash used in investing activities	($38.8M)	($7.6M)	($30.6M)	($18.7M)
Mortgage proceeds received	$39.7M	$39.7M	—	—
Credit facilities proceeds received	$22.1M	—	—	—
Credit facilities payments	($33.0M)	($33.0M)	—	—
Deferred financing costs paid	($159.0K)	($159.0K)	($2.3M)	—
Interest rate cap fees paid	($30.0K)	($30.0K)	—	—
Payments for taxes related to net share settlement of stock-based compensation	($1.6M)	—	—	—
Distributions to redeemable noncontrolling interests in the OP	($110.0K)	($55.0K)	($156.0K)	($104.0K)
Cash settlement of stock-based compensation	($200.0K)	($33.0K)	($519.0K)	($519.0K)
Dividends paid to common stockholders	($28.2M)	($14.5M)	($40.1M)	($27.1M)
Net cash used in financing activities	($1.5M)	($8.1M)	($50.7M)	($35.4M)
Net increase (decrease) in cash, cash equivalents and restricted cash	$7.4M	$7.6M	($3.8M)	($5.9M)
Cash, cash equivalents and restricted cash, beginning of period	$45.2M	$45.2M	$53.9M	$53.9M
Cash, cash equivalents and restricted cash, end of period	$52.6M	$52.8M	$50.1M	$48.0M
Interest paid	$39.4M	$19.8M	$62.9M	$42.2M
Adjustment to reflect redemption value of redeemable noncontrolling interests in the OP	($43.0K)	$107.0K	$366.0K	$394.0K
Capitalized construction costs included in accounts payable and other accrued liabilities	$5.4M	$2.8M	$3.9M	$2.8M
Change in fair value on derivative instruments designated as hedges	($7.7M)	($3.7M)	($23.0M)	($16.6M)
Change in dividends payable upon vesting of restricted stock units	($378.0K)	—	—	—
Write-off of fully amortized in-place leases	$1.1M	—	—	—

NexPoint Residential Trust Inc score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.